Independent MP Peter Wellington has announced he will support Labor in forming a minority government in Queensland.

His decision comes as the outcome of last Saturday's election remains in the balance, with Labor still at least two seats short of an outright majority.

Mr Wellington said there were a number of hypothetical situations being raised by people of all political persuasions.

"I'm simply saying here that I have made a decision to support Annastacia [Palaszczuk].

"It is up to Annastacia as to where she goes from here."

"My support is conditional on the basis that there is no illegal activity, no allegations of corruption, but, more importantly, it's about providing stability to govern Queensland," he said.

He said he had given a commitment to ensure confidence on the floor of Parliament and that Treasury would be able to continue to function.

But he also revealed he had been holding talks with Lawrence Springborg as "the official representative on behalf of the Liberal National Party".

"Lawrence has some very good ideas for the future of Queensland but unfortunately for Lawrence, in my view most of the people who were had key players in the Campbell Newman government are still there.

"It seems to me that whilst there might be some shuffling of the deck chairs, those people are still there and will still be in important positions of influence."